Jean Chatzky: Women Are Getting Richer. Here’s What It Means for Money and Business | Finance | YAPClassic

**Hala Taha** (0:03)
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**Jean Chatzky** (1:53)
When women make more money, we see that they take on more of their responsibilities at home.
If you are in a relationship where your partner can't support your success or doesn't want to support your success, then it's not going to work. Being a homeowner is a helpful way to save money over the long term. When you own, you're building equity in this house, and that is a form of forced savings. But if you're not going to be some place for five years, I don't think you should buy.

**Hala Taha** (2:28)
You just had a $100,000 cash. Where would you put it?

**Jean Chatzky** (2:32)
What I'm doing with that kind of money right now is-

**Hala Taha** (2:39)
YAP Gang, it is such a great time to be a woman. More women are becoming breadwinners, building successful companies and creating wealth on their own terms. And as a female entrepreneur, I see this shift happening all around me. So today we're unlocking the Young and Profiting archives for my conversation with Jean Chatzky. She's a financial journalist and the founder of CEO, HerMoney. Jean breaks down why women growing economic power isn't just changing our bank accounts. It's reshaping relationships, businesses and even the way products are designed. And she explains why the next big step is making sure women feel just as confident investing in their money as they do earning it. You learned a lot from this one and I think you will too. Let's dive in with Jean. Jean, welcome to Young and Profiting podcast.

**Jean Chatzky** (3:20)
Thanks, Hala. Thanks so much for having me.

**Hala Taha** (3:23)
I'm so excited for this conversation. I think it's going to be so insightful for my audience. I really love your work.
And you didn't really start off in finance, which I thought was interesting. And I'd love to get some backstory from you in terms of your journalism background. You were an English major. How did you end up first getting interested in finances?

**Jean Chatzky** (3:45)
I got interested, quite honestly, because my own financial life was a bit of a mess. And simultaneously, the journalism job that I got was sort of business adjacent. I started my career as an editorial assistant at a magazine that no longer exists called Working Woman. And got to report some stories on things like business and careers and management trends and investing. And I was interested enough in them to try to get a job in personal finance, business journalism when I left that job, which turned out to be really, really difficult because all the big business magazines on the planet and I applied to all of them, kind of thought Working Woman was a joke. And finally, I got a little bit of advice that what I needed was an MBA.
But I didn't have really any interest in going back to school at that point. So instead, I got a job on Wall Street. I worked in equity research for a couple of years. I learned investing inside and out. And when I came back out, I was able to reenter journalism, join Forbes from there to smart money. And from there, I ended up on the Today Show for 25 years.